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Brazil bank lending rises 0.5 pct in October
November 28, 2013 / 12:45 PM / 4 years ago

Brazil bank lending rises 0.5 pct in October

SAO PAULO, Nov 28 (Reuters) - Outstanding loans in Brazil’s banking system rose 0.5 percent in October from the prior month, the central bank said in a report on Thursday.

Loans in arrears for 90 days or more, the industry’s benchmark gauge for credit delinquencies, fell from the previous month to 5.0 percent, the report said.

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